It is a popular notion in the industry that only older advisors are and should be worried about succession planning. I beg to differ. Let me cite the example of a sole practitioner in Boston, MA I’ll call John Jones, who I recently spoke...
Progress in implementing changes has been uneven, mainly because not all states recognize same-sex marriage
Parents don’t want their children counting on future inheritances, while children don’t want to upset their parents by talking about their estate planning. The result? One in three parents haven't had detailed conversations with their adult child...
All good wealth management includes estate planning as a component. Changes in the tax laws, modern trust conventions and family changes make periodic reviews of estate plans a real necessity. While the contemplation of a client's demise is...
A disturbing number of Americans have defaulted on their student loans. According to a recent Federal Reserve report, one in three borrowers are 90 days or more late with their payments...
Go from the 'eat what you kill' mentality to building a business that generates lifelong income
Preparing the next generation
